Port of Santos extends discount on tariffs for 'green ships'; understand
The Port of Santos has extended its discount on tariffs for 'green ships' by 120 days to encourage environmentally friendly practices in maritime transport.
Global orderbook: Shipping industry signals support for fossil fuels
The shipping industry is largely reliant on fossil fuels, with a significant majority of new ships being constructed to run on oil or LNG rather than green alternatives.
Theodoratos: Greek coastal shipping is at a critical transition point
Dionysis Theodoratos, president of the Greek Shipowners Association for Passenger Ships, highlights the urgent need for a national strategy on green transition and modernization in the coastal shipping sector.
Orders for ships with alternative fuels decline
Recent data reveals a significant decline in orders for ships using alternative fuels, with the majority of the global fleet still reliant on conventional fuels.
Hold on orders for 'green' ships
Recent data indicates a decline in orders for ships using alternative fuels, highlighting a growing fatigue in the green orderbook.